IPS Denmark A/S

CVR 39640449 · Public limited company (A/S) · Active · Low risk

IPS Denmark A/S is a Public limited company (A/S), founded on , based in Padborg. The company is registered in the industry fremstilling af karosserier til motorkøretøjer; fremstilling af påhængsvogne og sættevogne. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -11.8m and a net result of DKK -4.8m. CEO: Per Kristian Karlsen.

Bankruptcy risk for IPS Denmark A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
39640449
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Thorsvej 11
6330 Padborg
Municipality
Aabenraa
Industry
Fremstilling af karosserier til motorkøretøjer; fremstilling af påhængsvogne og sættevogne (292000)
Bankruptcies in the industry: Fremstilling af karosserier til motorkøretøjer: fremstilling af påhængsvogne og sættevogne
Share capital
DKK 500k
Employees
3 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-95.3%
Current ratio47%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 21.6mDKK 11.0mDKK 7.5m
Gross profitDKK 7.8mDKK 5.7mDKK 4.7m
Net profitDKK -4.8mDKK -2.0mDKK -336k
EquityDKK -11.8mDKK -8.0mDKK -6.0m
Total assetsDKK 12.4mDKK 7.9mDKK 6.7m
CashDKK 1.3mDKK 230k–
Short-term debtDKK 24.1mDKK 15.9m–
Avg. employees1912–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020140
1 Jan 2019 – 31 Dec 2019128
14 Jun 2018 – 31 Dec 2018148

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOPer Kristian KarlsenCurrent
BoardPer Kristian KarlsenCurrent
BoardTove Nordahl KarlsenCurrent
BoardJørn HeiersjøCurrent
BoardChrister Eriksen
BoardPål Eriksen
BoardSteen Bilet Rasmussen
Owner (100%)IPS Nordic ASCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderIPS Gruppen ASCurrent

The CEOs' other companies

Per Kristian Karlsen – 1 other companies

Address history (1 moves)

Thorsvej 11, 6330 Padborg
Europavej 15, 6330 Padborg

Former names

IPS Denmark A/S – now
IPS Padborg A/S –

Employees per year

Number of employees at IPS Denmark A/S per year232018: 32018

Similar companies in Aabenraa

Questions and answers about IPS Denmark A/S

Has IPS Denmark A/S gone bankrupt?

No, IPS Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of IPS Denmark A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of IPS Denmark A/S?

Per Kristian Karlsen is the CEO of IPS Denmark A/S.

Who is the auditor of IPS Denmark A/S?

IPS Denmark A/S most recently used EY Godkendt Revisionspartnerselskab.

When was IPS Denmark A/S founded?

IPS Denmark A/S was founded on 14 June 2018.

What is the equity of IPS Denmark A/S?

Equity was DKK -11.8m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.